Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press...

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Flexible Overhead Budget Leno Manufacturing Company prepared the following factory overhead cost budget for the Press Departm Fixed overhead cost: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed overhe

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Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours	13,000	15,000	17,000
Variable overhead cost:
Indirect factory labor	$ 105,300.00	$ 121,500.00	$ 137,700.00
Power and light	$ 5,590.00	$ 6,450.00	$ 7,310.00
Indirect materials	$ 37,700.00	$ 43,500.00	$ 49,300.00
Total variable factory overhead	$ 148,590.00	$ 171,450.00	$ 194,310.00
Fixed factory overhead cost:
Supervisory salaries	$ 60,010.00	$ 60,010.00	$ 60,010.00
Depreciation of plant and equipment	$ 37,720.00	$ 37,720.00	$ 37,720.00
Insurance and property taxes	$ 24,000.00	$ 24,000.00	$ 24,000.00
Total fixed factory overhead	$ 121,730.00	$ 121,730.00	$ 121,730.00
Total factory overhead cost	$ 270,320.00	$ 293,180.00	$ 316,040.00

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Leno Manufacturing Company
Factory Overhead Cost Budget-Press Department
For the Month Ended November 30
Direct labor hours	13000	15000	17000
Variable overhead cost:
Indirect factory labor	=121500/15000*13000	=121500/15000*15000	=121500/15000*17000
Power and light	=+(6450)/15000*13000	=+(6450)/15000*15000	=+(6450)/15000*17000
Indirect materials	=+(43500)/15000*13000	=+(43500)/15000*15000	=+(43500)/15000*17000

Fixed cost do not change with changer in activity level.

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